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 Brazil · Question 04 of 11

# Licence fees: What do the licences cost?

Unfavourable · Confirmed · Not reviewed · [Back to full Brazil report →](https://advennt.io/jurisdictions/brazil/)

Key section parameters

| Jurisdiction | Brazil (BR) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Unfavourable |
| Confidence | Confirmed |
| Review status | |
| Not reviewed Last collected | 18 Oct 2026 |

Summary answer

The federal authorisation carries a BRL 30 million grant fee (approx USD 6m) covering up to three commercial brands/skins; an additional BRL 30m applies per further set of three brands. Applicants must hold BRL 30m minimum capital and net worth and post a BRL 5m guarantee reserve. The five-year lice…

## Full section analysis

The federal authorisation carries a BRL 30 million grant fee (approx USD 6m) covering up to three commercial brands/skins; an additional BRL 30m applies per further set of three brands. Applicants must hold BRL 30m minimum capital and net worth and post a BRL 5m guarantee reserve. The five-year licence is payable within 30 days of approval. These are among the highest entry costs of any major market.
